On average this couple can typically make $10/day in income, which enables them to cover their entire family's expenses and their kid’s tuition fee.
Phat Muntha would like to request a loan from KIVA to expand her food stand, making it bigger so that there is enough room for her customers. With any remainder of the loan she will buy more utensils and equipment.
About KREDITKREDIT Ltd. is one of Kiva’s most established partners in Southeast Asia. The organization empowers the economically-active poor and small entrepreneurs by providing inclusive financial services. Beyond loans, KREDIT offers low-income clients complementary training in debt management, savings and budgeting. In addition, KREDIT partners with NGOs to offer training in primary health care, agricultural techniques and HIV/AIDS awareness.
For more information on KREDIT, please visit its partner page. If you would like to engage more with KREDIT and its borrowers, you can also join its lending team, KREDIT MFI Cambodia.
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Success!! The loan was 100% repaid